Creditors' voluntary liquidation · 8 July 2021

Henry W. Pollard & Sons

Developer · Bridgwater · South West England

What happened

HENRY W. POLLARD & SONS LIMITED (company number 01436119), incorporated in 1979, entered creditors' voluntary liquidation on 8 July 2021. Its status at Companies House is now: liquidation.

The directors and shareholders decide to close an insolvent company. A liquidator sells its assets and shares the proceeds among creditors.

Timeline

The last accounts and payment report before the failure, then what happened, with the time between each.

31 March 2020
Last accounts filed were made up to this date
16 months later
8 July 2021
Creditors' voluntary liquidation started (shareholders resolved to wind up)

AccountsPayment reportInsolvency

Before it failed

Key figures

Turnover in its last accounts, year to Mar 2020: £24.1m; Accounts at Companies House
Profit before tax, year to Mar 2020: £178k; Accounts at Companies House
Staff, year to Mar 2020: 41; Accounts at Companies House
Net assets, year to Mar 2020: £1.1m; Accounts at Companies House
Owed to unsecured creditors (estimated), as at 5 July 2021: £8.7m; of which trade creditors £3.2m. HMRC owed £324k. staff owed £580k. a further £410k owed to its lenders. Expected return to unsecured creditors: some payment possible; Statement of affairs (liquidation) (includes a £5m pension scheme deficit)

The last accounts filed were full accounts made up to 31 March 2020, 15 months before it failed.

The full filing history, including any late filings, charges and director changes, is on Companies House.

Lessons learned report

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In the news

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